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    Policy

    Energy & Climate

    Yesterday

    Prime Minister Robert Menzies launches Australia’s first nuclear reactor,  HIFAR, on April 18, 1958.

    Why we need to have a genuine look at nuclear energy

    Nuclear energy is the kind of nation building policy we need when our lucky country’s luck is running out.

    • Georgina Downer
    Australia faces higher power costs.

    Energy transition will cost much more than politicians are pretending

    The brutal reality is that taxpayers and consumers will be on the hook for much higher costs under a renewable or nuclear energy system.

    • John Kehoe

    This Month

    Power prices are expected to be volatile through Australia’s transition to low-carbon energy.

    RBA inflation target challenged by power prices

    Other areas of the economy will need to offset the impact of higher than expected power prices to keep inflation within target, economists say.

    • Angela Macdonald-Smith and Ronald Mizen
    Former NBN boss Mike Quigley.

    Labor appoints former NBN boss as nuclear head

    Mike Quigley has been appointed as the head of the federal government’s peak nuclear organisation.

    • John Kehoe
    Nuclear power would cost households at least $200 more a year says Rod Sims.

    There is a respectable economic argument for nationalised nuclear

    The bottom line is that there are sound public choice arguments for the government to build and own nuclear power plants.

    • Sinclair Davidson
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    June

    The reformed safeguard mechanism is expected to deliver at least 200 million tonnes of net abatement by 2030.

    Better carrot and stick provides investment certainty for carbon cuts

    The climate safeguard mechanism for large emitting facilities means reaching the 43pc emissions reduction target by 2030 is certainly “doable”.

    • Kerry Schott
    Ausgrid CEO Marc England: now is the time to have a proper debate on the role well-regulated distributors can play in the energy transition beyond maintaining poles and wires.

    Distributors can drive lower-cost transition

    Electricity distributors can help deliver a lower cost, more socially equitable transition.

    Sponsored 

    by Ausgrid

    Nuclear plant under construction in the UK: Australia may be already too late to follow.

    Nuclear power deserves a fair hearing

    The opposition and the government fail to answer critical questions on their respective nuclear stances. It is time to get the experts in.

    • Bruce Mountain
    Peter Dutton has announced his nuclear reactor idea, but has yet to reveal how much it would cost.

    Coalition’s taxpayer-funded nuclear con a road to ruin

    We estimate that the fiscal damage would be in the order of a minimum $100 billion “nuke builder” tax, but likely considerably more given the international experience.

    • Tim Buckley and Annemarie Jonson
    We must repeal legislation preventing the use of nuclear energy in Australia and we need to seriously address energy market design.

    My nuclear talk was cancelled. Here is what I would have said.

    My presentation to Engineers Australia would have outlined why a nuclear-based energy system would cost consumers half as much with four times fewer emissions.

    • Robert Parker
    Very few companies are hitting their emission targets.

    Why top companies are starting to back away from green targets

    In the past year, many of the world’s biggest companies have dropped or missed goals to cut emissions or to loosen ties with polluting sectors.

    • Kenza Bryan and Attracta Mooney
    The bond will be used initially for carbon mitigation projects including Rewiring the Nation – a $20 billion program to get clean power from the Renewable Energy Zones to the cities.

    $7b green bond to rally nation’s net zero goals

    Australia’s commitment to sustainability has taken a giant leap forward with the issue of the nation’s $7 billion inaugural sovereign green bond.

    Sponsored 

    by NAB

     Andrew Mackenzie’s perspective on the global carbon challenge revealed in an exclusive interview with The Australian Financial Review’s Tech Zero podcast underlines the challenges in the pathway to the net zero future.

    Mackenzie’s climate change

    It shouldn’t surprise to hear the head of a global oil company talking his own book. But it’s no use pretending that the decarbonisation transition is more difficult and more costly than many imagined.

    • The AFR View
    Australians know that renewables drive down prices.

    Culture war is driving Coalition’s plan to stop renewables rollout

    The first auction of the Capacity Investment Scheme has received more than 40 gigawatts of project registrations, showing there is a strong pipeline of renewables ready to go with the right policy settings.

    • Chris Bowen
    If you need external validation of these basic economics, look no further than the opposition’s own announcement.

    Nuclear is unviable because of economics, not engineering

    Even if all that mattered was the cheapest possible energy that meets minimum levels of reliability and emissions, the Coalition’s plan fails.

    • Steven Hamilton and Luke Heeney
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    Liberal leader Peter Dutton has announced his nuclear power plan.

    The gambler: Dutton bets it all on nuclear

    The opposition leader is hoping his energy wager could return the Coalition to government. But if it all goes badly wrong, his dream of becoming prime minister could be lost.

    • Tom McIlroy
    Peter Dutton is proposing seven nuclear plants in Coalition electorates.

    Nuclear election poses energy transition questions for both sides

    The Coalition’s nuclear option deserves a proper debate, not the puerile meme scare campaign that Labor is running.

    • The AFR View
    The new homeowners seem happy to live next door to the Lucas Heights nuclear reactor, which has operated safely for over 60 years.

    Why I welcome a nuclear power station in my backyard

    I have never been against some solar and wind power. My message is that we need a balanced mix of energy types.

    • Matt Canavan
    Morwell manufacturing manager Peter Ceeney says the Latrobe Valley is screaming out for more jobs and he doesn’t mind if they come through nuclear or renewables.

    Towns at ground zero say if nuclear means jobs, bring it on

    People in Morwell and Traralgon, at ground zero of the nuclear debate, say the need for new jobs could win them over to Peter Dutton’s nuclear energy plans.

    • Gus McCubbing
    Mount Piper.

    Locals might prefer nuclear to renewable poles and wires

    Peter Dutton’s nuclear energy plan could win support from communities concerned about major infrastructure upgrades needed to get solar and wind power into the grid.

    • Tom McIlroy, Gus McCubbing and Brad Thompson